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Ch. 1Decision Case 3Correct answer: eBookComparing Two Companies in the Same Industry: Under Armour and Columbia SportswearRefer to the financial information for Under Armourand Columbia Sportswearand answer the following questions. Enter your answers in thousands. Enter all amounts in thousands as shown in Armour's financial statements.1. What was the net sales (Under Armour uses the term "net revenues") amount for each company for the most recent year?Did each company's net sales or net revenues increase or decrease from its total amount in the prior year?2. What was each company's net income for the most recent year?